Bitcoin moves closer to gold as Nasdaq correlation falls – Can BTC repeat 2020?
Does the current BTC-gold correlation signal a major Bitcoin bull run?
Is the crypto market becoming too bullish too soon?
Luke Dashjr's conditional rehearsal still lacks settled activation settings, disclosed day-one hash, named service policies and universal replay protection.
August 29, 2026, 6:50 pmThe $201.9 million reversal left Bitcoin's week positive and supplied only one session of evidence for a cross-asset shift.
August 29, 2026, 5:40 pmDoes the current BTC-gold correlation signal a major Bitcoin bull run?
Technical and on-chain signals show Bitcoin has reclaimed key levels marking 80% of needed data to confirm the low, with an overheated MRVR reading and healthy spot-driven setup adding to the bullish case.
After reaching a high of $81,455 per coin on Thursday, bitcoin’s price has spent the last day shedding 2.5% in value. By Friday, bitcoin tapped a low of $76,877 following Federal Reserve Chair Kevin Warsh’s first Jackson Hole keynote. Bitcoin Retreats From $81,455 as August Gains Hold Firm As of today, Aug.
BTC is caught up between Fed rate hike fears and debasement trade…
Bitcoin gained 21.5% from the Aug. 17 close through Aug. 21, yet six of seven large US-listed miners finished the same trading stretch much lower. MARA Holdings rose 16.1% and came closest to BTC, while Cipher Digital fell 14.8%, TeraWulf lost 11.2%, Hut 8 dropped 8.1%, and IREN declined 6.8%.
U.S. spot bitcoin exchange-traded funds (ETFs) snapped a nine-day, $3 billion buying streak with a $202 million net outflow on August 28, even as spot ethereum ETFs added another $102 million the same day. A Nine-Day Run Comes to an End The party lasted nine trading sessions starting August 17, when U.S.
Bitcoin trades near $78,000 heading into the weekend, sitting almost between $77,000 support and $80,000 resistance after a sharp rejection from above $81,000 hit on Aug. 28. A confirmed break below $77,000 opens the mid-$75,000s, while a reclaim of $80,000 puts the roughly $81,300 high from Aug.
Metaplanet's Bitcoin transfers highlight strategic treasury management, impacting market perceptions and future capital market access strategies.
A quantum-resistant bitcoin transaction using Starkware researcher Avihu Levy’s QSB method has been mined on mainnet without a soft fork or changes to Bitcoin’s consensus rules. The experiment offers an opt-in defense against future quantum attacks, though it remains costly, nonstandard, and far from a network-wide solution.